1. Overall Analysis


Recently, the price has fluctuated within the range of 95,000-102,000.
In the short term, the market as a whole is showing a turbulent downward trend, with prices fluctuating in the range of 95000-100000 and rebounding multiple times. The candlestick pattern shows the alternation of bullish and bearish forces, and TD and moving average indicators both indicate that the market may be at a key turning point. The short-term moving average and EMA both show a downward bias in the market, while the BOLL indicator shows a decrease in market volatility, possibly continuing to consolidate within the current range.
Suggestion: In the current market environment, investors should remain cautious and closely monitor the support level of 95000 and the resistance level of 100000. If the price effectively breaks through the short-term moving average or EMA, it may indicate a trend reversal, and consideration may be given to adjusting positions in a timely manner. For short-term traders, high selling and low buying operations can be carried out when the price approaches the support and resistance levels, but risk control should be noted. For medium to long-term investors, it is advisable to wait for the market trend to become clearer before taking action.
2. Technical Analysis
K-line pattern: Overall showing a trend of oscillation and decline, with prices fluctuating in the range of 95,000-102,000.
TD: The appearance of TD 9 and TD 13 indicates that the market may be at a potential turning point.
MA: The short-term moving average (MA7) crossing below the long-term moving average (MA30) indicates a possible downward trend in the market in the short term.
EMA: The short-term EMA is below the long-term EMA, indicating a downward bias in the short-term market trend.
BOLL: The upper and lower bands of the BOLL indicator are narrowing, indicating a decrease in market volatility.
3. Potential Buy-Sell Points
Buy point: 95000 USDT (close to the important support level, after multiple touches, it may form support)
Long position stop loss: 94700 USDT (breaking through the recent low confirms the continuation of the downtrend)
Sell point: 100,000 USDT (approaching important resistance level, falling back after multiple touches, there is selling pressure risk)
Short selling stop loss point: 102000 USDT (Breaking through the short-term resistance level indicates that the upward trend may continue)
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